NEW
YORK and MUMBAI,
India, April 30, 2024 /PRNewswire/ -- CRISIL, an
S&P Global company and a global leader in non-financial risk
management, has entered a transformative partnership with Maxxsure,
the premier expert in cyber risk management and cyber insurance
analytics.
The collaboration marks a significant leap forward in technology
risk management solutions, offering enterprises unparalleled
advisory support and cutting-edge cyber risk insights.
Says Arul Yagappan, Head of
Non-Financial Risk Solutions, CRISIL Global Research & Risk
Solutions, "As the technology risk landscape continues to
evolve, organisations are facing unprecedented challenges in
safeguarding their digital assets. Through our partnership with
Maxxsure, we are poised to deliver innovative solutions that
combine CRISIL's deep industry expertise with Maxxsure's
cutting-edge technology. Together, we will empower clients to
proactively manage cyber risks and enhance resilience in an
increasingly digital world."
This partnership introduces a new paradigm of strategic guidance
and actionable insights. Clients can now access:
- Strategic advisory services: Tailored guidance and
advisory support from seasoned risk management professionals
- Holistic risk assessment: Comprehensive identification
and mitigation of cyber and technology risks through advanced
analytics based on entity-specific data and industry best
practices
- Proactive risk mitigation: Enhanced ability to
anticipate and mitigate cyber threats before they materialise,
ensuring business continuity and resilience
Says Shawn Wiora, Chief
Executive Officer, Maxxsure, "At Maxxsure, we are committed
to revolutionising cyber risk management through actionable cyber
analytics and quantification. This global collaboration with CRISIL
represents a significant milestone in our mission to empower
organisations with cyber risk and cyber insurance insights along
with expert guidance. By combining CRISIL's advisory prowess with
Maxxsure's cyber risk expertise, we are confident of delivering
unparalleled value to clients and driving positive outcomes in the
complexities of technology risk management."
The combination of CRISIL's deep industry knowledge and advisory
prowess in non-financial risk solutions with Maxxsure's
state-of-the-art cyber risk quantification technology will help
deliver unparalleled value to clients.
With sharp focus on cyber risk quantification, the solutions
will enable organisations to:
- Understand cyber risk exposure: Quantify cyber risks and
potential financial business impacts to prioritise investments in
risk mitigation strategies and transfer of risk effectively
- Enhance resilience: Proactively identify and address
vulnerabilities to strengthen cybersecurity posture and cyber
resilience
- Get data-driven business solutions: Cyber risk metrics
based on high fidelity and accuracy of entity-specific data
providing actionable insights to customise cyber risk and cyber
insurance profiles
These collaborative solutions are tailored to meet the diverse
needs of organisations across industries.
Sectors such as finance, healthcare and manufacturing can
benefit from such advisory expertise and technological tools needed
to navigate the complexities of modern risk landscapes.
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